Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
COPL's operating netback was $48.53/bbl., before the net realized gain or loss on crude oil and butane hedge contracts as compared to $41.21/bbl. in Q421.
On March 31, 2022, the COPL received a waiver from its lender with respect to covenant defaults as at December 31, 2021, subject to certain conditions and fees. Due to the waiver, the Company is no longer in technical default on the credit facility and the as a result COPL's indebtedness has been re-classified as a non-current liability as at March 31, 2022.
The only leaks been an feckin Oil leek judging by the past figures:)))
Traders controlling this defo.Just have to look at trading pattern.
Its hard to watch from the sidelines.Just need CPR and positive outlook from the board asap
It's a buy no its a sell...Same old same old end of day **** show and down over 30% in six month.
Ever the same commentary on here....good news to come. Not sure what it takes to maintain a shift north on lse.Resigned to leaving my £50k in and forgetting about it for a good while.
Stacks of buys ....price drops bent mothers....
We were at .0.19p before we aquired anything and were hanging our hats on Nigeria . It's about time we got some true value accredited here not 30% wiped off the value in past 6 month.Get that CPR out toute suite
You would hope so.Any other company that has bought two others and is building should have a higher Sp than before it aquired them but not Copl .0.38 before Atomic ffs.Just ****es me off sometimes:))
I love the optimism but wtf will it take to stop the ludicrous holding down of this Company's shares.
GLA
Snap Shaa 12 green boxes......
We pot can only simmer so long as the heat increases.
Obviously had to align financing and aquire Cudas interests to attract a JV partner.
Was that a first Art mentioning JV. ')))
Negative nellies galore:))))))))
Board full of **** at moment as is the norm with traders attempting to enter.
Laters LTH
Thing is i dont know if they got it correct Bob as they're filtered.:)))
Adds unhedged production and exposure to the current high oil price environment and approximately doubles COPL's corporate cash flow.
· Increases COPL's 2P reserves by 47% from ¹25.8 million barrels to 38.2 million barrels. (COPL December 31, 2021 NI-51-101 Reserves)
· Provides significant leverage to COPL increasing the Company's NPV10 (47% working interest adjusted) by USD122,000,000, from ¹USD258,000,000 to USD380,000,000. (COPL December 31, 2021 NI-51-101 Reserves)
Thanks Art much appreciated.
May shut up the CEO bashers as well.
Good old Art releases some slightly dodgy news allows the drop and buys himself a shed load if shares .')))Then does an interview or releases better news and whoosh we are gone
Noob you were leaving on Friday i believe.
Just do one soon and stop delaying.Your posts are nonsense most of the time and come across that your on spice or some other strain.
I've lost a good buddy today and reading some of the **** on here puts things into perspective.Night .
False dawn Q4 results ????? off you trot back to kndergarten children.
Mms making hay before the bounce back up.
So opaque really.
Green boxes everywhere today shame I can't read them'))